Zheng Runyu, a Chinese academic, cautions that tariffs implemented by Trump could undermine the US dollar’s status as a global reserve currency, linking them to the Triffin paradox, and suggesting a shift towards cooperation among nations like China and Russia.
Currently, XRP is consolidating, trading around 2.14 USD with resistance at 2.25 USD. It presents buying opportunities near 2.13 USD, indicating a potential for upward movement if it breaks through established resistance with increased trading volume.
Leave a Reply